22 Downe Avenue, Sevenoaks, Kent

Description

Freehold detached house. Upon Instruction of Countrywide.

Accommodation

First floor: Principal bedroom with en-suite, three further bedrooms, bathroom/wc. Ground floor: One bedroom, reception room, kitchen, study, cloakroom/wc. Outside: Garden, drive.

Location

The property is located on Downe Avenue. Cudham provides village amenities with a more comprehensive range of shops, bars and restaurants found within Orpington Town Centre lying to the north and within Central Lonon located to the north east. Public transport links are available at Knockholt Train Station lying to the north east along with a network o local bus services serving the surrounding areas. The property is served by road links including the A21 located to the north and the M25 lying to the east. Recreational pursuits are available throughout the surrounding countryside.

Tenure / Property Information

Investment Analysis

Five supplied completed sales on Downe Avenue range from £510,000 to £730,000, with a median of £702,500. The subject is also described as a five-bedroom detached freehold house, but no floor area, condition, or detailed specification is supplied. A base HB GDV estimate of £702,500 is therefore used, with low and high scenarios based on the supplied comparable range. This is an estimate, not a formal valuation.

Investment Snapshot

Strategy Recommendation

Conditional buy-to-let or buy-and-hold may merit further investigation because the guide-price gross yield is approximately 5.41%. Do not bid without inspecting condition, confirming rentability, reviewing special conditions and establishing the full acquisition and works budget.

Works Required

No specific defects or refurbishment requirements are identified in the evidence. Arrange a full inspection and confirm heating, parking, condition and any required works before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A 75% refinance of the base estimated GDV would be approximately £526,875. However, no refurbishment budget, finance costs, valuation assumptions or full purchase-cost allowance are supplied, so total project cost and indicative cash left in cannot be calculated reliably. The strategy would require confirmation that the property condition supports the assumed GDV.

Buy-to-Let Analysis

The advertised asking rent is £1,850 pcm, equivalent to £22,200 annually. Against the £410,000 guide, this indicates a gross yield of approximately 5.41%, before operating costs, finance, tax, voids and auction-related charges. The rent is advertised rather than achieved, and no total-cost yield can be established because refurbishment and possible seller charges are unknown.

Flip Analysis

The supplied completed sales support an estimated value range of £562,000 to £730,000, with a £702,500 base scenario. A resale surplus cannot be calculated because refurbishment costs, selling costs and any other completion charges are not provided. Comparable outcomes vary materially and may reflect differences in condition, size or specification.

Investor Risks & Due Diligence

• The subject's condition and any required works are not disclosed.

• The supplied comparable prices range widely from £510,000 to £730,000, and no comparable floor areas or condition details are provided.

• The £1,850 pcm figure is an advertised asking rent, not achieved or passing rent.

• The £1,800 buyer contract documentation fee is known, but additional seller charges may apply under the special conditions.

• Heating and parking details require confirmation, although a drive is mentioned in the accommodation description.

• A full project-cost and total-cost yield calculation is unavailable because refurbishment and potentially applicable charges are unknown.

Recommendation

Conditional buy-to-let or buy-and-hold may merit further investigation because the guide-price gross yield is approximately 5.41%. Do not bid without inspecting condition, confirming rentability, reviewing special conditions and establishing the full acquisition and works budget.

Strategy Rating

Analysis Confidence

The analysis has five recent same-road completed sales, a guide price and one advertised rent, but lacks floor area, condition, achieved rental evidence, refurbishment costs and complete auction charges.